Harvard Business Review

JULY 11, 2017

One of us is an urban theorist, the other a community-focused real estate developer. Developers have two primary ways to help create new and better jobs. The second is to develop spaces and programs to incubate entrepreneurs. They are certainly important components, but they are not enough. We think cities can do better.

Real Estate 11

Real Estate Development Long-term Short-term 11

Harvard Business Review

JULY 18, 2012

Many venture capitalists are up in the arms because their returns are down, their funds are drying up, and there appear to be a declining number of entrepreneurs pursuing big ideas. Unfortunately, venture capitalists have mixed up their causality. The internet and, more broadly, technology, progress developmentally.

Venture Capitalist 15

Venture Capitalist Software Entrepreneur Engineering 15

Harvard Business Review

JULY 18, 2012

Many venture capitalists are up in the arms because their returns are down, their funds are drying up, and there appear to be a declining number of entrepreneurs pursuing big ideas. Unfortunately, venture capitalists have mixed up their causality. The internet and, more broadly, technology, progress developmentally.

Venture Capitalist 15

Venture Capitalist Software Entrepreneur Engineering 15

Harvard Business Review

NOVEMBER 19, 2018

But the rise of big companies — and the resulting concentration of industries, profits, and wages — goes well beyond tech firms and is about far more than antitrust policy. In 2011, venture capitalist Marc Andreessen declared that “software is eating the world.” Most industries in the U.S.

Software 8

Software Company Competitive Advantage Henderson 8

Harvard Business Review

MARCH 24, 2017

The venture capital industry is beginning to take a good, hard look at a new financial instrument coming out of the bitcoin community — Initial Coin Offerings , or ICOs. How technology is transforming transactions. How Blockchain Works Here are five basic principles underlying the technology. Insight Center.

Venture Capitalist 9

Venture Capitalist Due Diligence Finance Long-term 9

Harvard Business Review

JULY 27, 2017

This meant that the company was leaving out huge innovation potential — thousands of startups with billions of funding — that could help BMW innovate anything from core vehicle technology (batteries, sensors, artificial intelligence software) to manufacturing innovations (internet of things, cybersecurity, robotics).

Venture Capitalist 8

Venture Capitalist Meyer Innovation Fixed Costs 8

Harvard Business Review

NOVEMBER 27, 2018

Urbanization (the concentration of startups and venture capital investment in cities — predominantly large, globally connected ones), and a Winner-Take-All Pattern (with the leading cities pulling away from the rest). Startups and venture capital increasingly take on a winner-take-all pattern geographically. The Great Expansion.

Innovation 8

Innovation Venture Capitalist Globalization Entrepreneur 8

Harvard Business Review

MARCH 9, 2016

For instance, in the HBR article “ Where the Digital Economy Is Moving the Fastest ,” the country with the fastest rate of digital development in the past, and the steepest trajectory for future digitalization, is Singapore. As students of disruption realize, a new technology is never a disruption on its own.

Entrepreneur 8

Entrepreneur Disruptive Innovation Venture Capitalist Business Model 8

Harvard Business Review

AUGUST 27, 2018

In a parallel development, the number of companies listed on U.S. The number of listed firms can decline because of three developments: 1) bankruptcy, failure, or closure of listed firms, 2) delisting of firms going private or acquired, and 3) decrease in number of initial public offerings (IPOs). westend61/Getty Images.

IPO 8

IPO Company First-mover Advantage Intangible Assets 8

Harvard Business Review

OCTOBER 24, 2016

Innovation has the potential to transform the investment industry. Research we have collected in recent months shows that pension funds, sovereign wealth funds, and endowments expect imminent breakthrough innovations in investment technology. But right now that’s not happening. How is this state of affairs possible?

Operations 8

Operations Intangible Assets Venture Capitalist Hedge 8

Harvard Business Review

MARCH 11, 2014

It’s a common question thrown at me by entrepreneurs, venture capitalists, or the more cynically minded corporate leaders. Start-up companies tend to cluster in industries favored by venture capitalists (like biotechnology or information technology) or ones where there are relatively low barriers to entry (like restaurants).

Innovation 8

Innovation Venture Capitalist Company Supply Chain 8

Harvard Business Review

DECEMBER 7, 2018

While progress is clearly being made, as an industry, we still have far to go to consistently deliver on the promise of high-value care through technology and innovation. Leverage technology to allow diagnoses to be made, in many cases, at the initial point of care. As Harvard Business School professor Clayton M.

Cost 8

Cost Health Care Venture Capitalist Christensen 8

Harvard Business Review

MAY 3, 2018

But as the digital revolution continues to spark widespread disruption in other industries — automotive, financial services, health care, and retail — who will win? The contest is now shifting toward more-traditional industries, like transportation (Lyft and Uber, for example) and hospitality (Airbnb). Insight Center.

Company 8

Company Venture Capitalist GDP Retail 8

Harvard Business Review

FEBRUARY 17, 2011

Venture capitalists are increasingly interested in emerging markets, and in working with local funds based in those markets (despite the fact that reverse innovation in venture capital seems counterintuitive). The supporting industries that an early-stage tech start-up needs simply don't exist locally.

Marketing 14

Marketing Venture Capitalist Biotechnology IPO 14

Harvard Business Review

MARCH 19, 2015

AI, expert systems, and business intelligence have been with us for decades, but this time the reality almost matches the rhetoric, driven by the exponential growth in technology capabilities (e.g., IBM is leading the integration of AI in industry. But it seems we’re now at an actual tipping point. The Growing Use of AI.

Venture Capitalist 8

Venture Capitalist EVA Travel Technology 8

Harvard Business Review

MARCH 1, 2017

To wit, 45% of financial intermediaries , such as payment networks, stock exchanges, and money transfer services, suffer from economic crime every year; the number is 37% for the entire economy, and only 20% and 27% for the professional services and technology sectors, respectively. How technology is transforming transactions.

Finance 8

Finance IPO Banking Venture Capitalist 8

Harvard Business Review

DECEMBER 23, 2016

If you want to see how mobile technology can disrupt the very basics of business models and habits established over hundreds if not thousands of years, look at what’s happening in India. By July 2016, virtually every Indian had a mobile telephone and access to text messaging, primarily using 2G technology.

Strategy 8

Strategy Banking Venture Capitalist Bottom-up 8

Harvard Business Review

APRIL 25, 2011

What impact will terahertz frequencies have on communication technologies? But overreliance on these firms leads to industry groupthink, and complexity-theory research tells us that it's impossible to predict the behavior of a large system (such as the world of tech innovation) beyond the next few moves.

CIO 14

CIO Venture Capitalist Chief Information Officer Conference 14

Harvard Business Review

SEPTEMBER 10, 2015

What would new product development executives or project managers in the R&D lab tell you are the organizational dynamics that ice their best ideas? The other approach, a skunkworks, can develop ideas that may require their own distribution channels, or compete with products that the company already sells. Start with a survey.

Venture Capitalist 8

Venture Capitalist Company Due Diligence Chief Information Officer 8

Harvard Business Review

NOVEMBER 29, 2017

Whether the industry is media, entertainment, politics, technology, or something else, these women say things like: “ I quit.” ” Or “ maybe I shouldn’t be in [this industry]” Some women scaled back on their ambitions, while others left companies or their chosen industry altogether.

Venture Capitalist 8

Venture Capitalist Gordon Industry Report 8

Harvard Business Review

APRIL 23, 2012

That is the problem: crowdfunding will at best be good only for the entrepreneurs and middlemen, paid for by unwitting consumers who simply cannot know enough about the highly risky ventures or the highly complex venture investing process to make informed investment decisions. I am referring only to equity crowdfunding.

Due Diligence 12

Due Diligence Venture Capitalist Entrepreneur Short-term 12

Harvard Business Review

OCTOBER 25, 2016

Breakthrough technologies, such as the internet and biotech, did not emerge from governments worried about “commercialization”; they emerged from the spillovers of investments that were focused on long-run public missions. Drucker Forum 2016: The Entrepreneurial Society. billion in public support. billion in public support.

Venture Capitalist 8

Venture Capitalist Cost-Benefit Analysis Policies Drucker 8

Harvard Business Review

FEBRUARY 22, 2016

When it comes to consumer-facing service industries like e-commerce, media, and ride- or apartment-sharing, it’s not new to suggest that “software is eating the world,” to use the phrase of venture capitalist Marc Andreessen. ” The rise of hardware startups still has the feel of an insurgency.

Entrepreneur 8

Entrepreneur Contract Manufacturing Incubator Venture Capitalist 8

Harvard Business Review

NOVEMBER 7, 2018

In recent years, much has been written about how the Blockchain is poised to transform traditional industries such as banking, real estate, and healthcare. More recently, it has gained attention as a way to finance new ventures, through what is known as an Initial Coin Offering (ICO). Renee Comet/Getty Images. 3 Defenses of Large ICOs.

Cost 8

Cost Decentralization Finance Entrepreneur 8

Harvard Business Review

JANUARY 26, 2012

Graham argued that the proliferation of money combined with the decreasing costs to start a business were making the VC job more difficult, prophesying significant changes for the industry. Over the years, venture capitalists have been some of the most ardent students of disruptive innovation. He was right.

Disruptive Innovation 14

Disruptive Innovation Hedge Venture Capitalist Venture Funding 14

Harvard Business Review

OCTOBER 28, 2013

In a recent HBR article, Paul Nunes and I introduced the term Big Bang Disruption to signify innovations that, thanks to rapidly advancing technology, come out of the box both better and cheaper than alternative solutions already in the marketplace. How big a deal is this “democratization” of finance? And that process has only begun.

Disruptive Innovation 8

Disruptive Innovation Finance Venture Capitalist Supply Chain 8

Harvard Business Review

AUGUST 21, 2014

How can I hold up a struggling industry as a model? It’s also attracting large investments by established companies and venture capitalists. Yes, some old-line publishers are faltering and clearly there are challenges ahead, but that can be said about any incumbent industry. Aren’t publishers failing?”

Venture Capitalist 8

Venture Capitalist EBITDA Venture Funding Magazine 8

Harvard Business Review

SEPTEMBER 10, 2015

Are Israeli companies on the verge of developing a repeatable playbook to scale their companies and become market leaders, not just acquisition fodder for the Silicon Valley giants? helped to create the nation’s tech industry. ( That’s disappointing for a country with so much potential. But is all of that changing?

Venture Capitalist 8

Venture Capitalist Entrepreneur Marketing IPO 8

Harvard Business Review

FEBRUARY 26, 2016

Every industry will soon be driven by digitization and every winning company will be using algorithms, or mathematical rules for processing information, to shape the end-to-end customer experience. Sensors, the cloud, mobile and broadband wireless, and other such technologies are increasing the flow of digitized information exponentially.

Short-term 8

Short-term How To Venture Capitalist CFO 8

Harvard Business Review

SEPTEMBER 5, 2013

Since 1980, we''ve seen a 400% increase in the cost of higher education, after adjustment for inflation — a higher cost escalation than any other industry, even health care. There is a significant opportunity to help reduce the lecture portion of expenses using technology innovations.

Education 8

Education Venture Capitalist Business Model Technology 8

Harvard Business Review

JUNE 8, 2015

Pharmaceutical companies, buffeted by regulatory changes, new drug technologies that alter entry barriers and competition, price pressures, and an estimated 300,000 job cuts since 2000, seem to fit the popular narrative of large organizations unable to deal with disruptive forces. The translation involves people and processes.

Health Care 8

Health Care Venture Capitalist Strategic Fit Pharmaceuticals 8

Harvard Business Review

OCTOBER 26, 2011

Between 2006 and 2008, more than $1 billion venture-capital dollars were channeled into startups focused on solar, wind and biofuel technologies. In the last year, however, early-stage investments in clean energy production technologies have fallen substantially (see the table at the end of this piece for more detail).

Energy 10

Energy Finance IPO Biotechnology 10

Harvard Business Review

MARCH 8, 2013

Many of the revolutionary technologies that make the iPhone and other products and services "smart" were funded by the U.S. Venture capitalists entered only after government funding had gotten the company to the critical proof of concept. government's risky investments have had for technology-based corporations.

Venture Capitalist 8

Venture Capitalist Biotechnology Fashion Innovation 8

Harvard Business Review

MAY 10, 2013

But such expectations are unrealistic in many industries. In the early stages, incubation and launch, historically venture capitalists and angels (in addition to the "friends, families and fools" beloved of the entrepreneurship literature) have provided seed funds for organizations to develop an idea.

Venture Capitalist 8

Venture Capitalist Restructuring Competitive Advantage Short-term 8

Harvard Business Review

DECEMBER 9, 2013

India has numerous small retailers and service providers who are shining examples of scrappy entrepreneurship at its best, but the information technology startups that are my primary interest typically require outside funding. India has done well in the last twenty odd years to build its technology industry through services.

Incubator 8

Incubator Stage-Gate Venture Capitalist How To 8

Harvard Business Review

JUNE 28, 2013

Shale gas will allow the US to be energy independent, create an export industry, and reduce energy costs. Lower costs are already making some industrial sectors more competitive. Banks are now adequately capitalized and are beginning to lend, and venture capitalists are as hungry as ever. Increase your R&D spending.

Budgeting 8

Budgeting Market Segmentation Venture Capitalist Real Estate 8

Harvard Business Review

JANUARY 12, 2018

.” Startups such as Wealthfront, Personal Capital, and Betterment launched robo-advisors as industry disruptors, and incumbents, such as Schwab’s (Intelligent Advisor), Vanguard (Personal Advisor Services), Morgan Stanley and BlackRock have joined the fray with their own hybrid machine/advisor solutions.

Consultative 8

Consultative Strategy Advice McKinsey 8